266 Guthrie Drive Unit 301, Kingston

Price: $289,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13461250

Suite 301 at 266 Guthrie offers an exceptional opportunity to own a beautifully updated, move-in-ready condominium in one of the north end's quiet, secure, and well-maintained buildings. Whether you're a first-time buyer, and investor or looking to downsize, this welcoming two-bedroom unit delivers both comfort and value in a highly convenient location. Bathed in natural light with its desirable east-facing exposure, the suite features a spacious open-concept living and dining area that easily accommodates a variety of furniture layouts, perfect for everyday living or entertaining and a walk out to the patio, and even a view of the Rideau. The kitchen comes complete with updated countertops, newer cabinetry, and newer appliances, creating a functional and stylish heart of the home. A rare and valuable feature in this price range is the in-suite laundry with newer washer and dryer. In suite storage is complemented by additional storage locker. The suite also includes an assigned parking space. The building is pet-friendly (With Restrictions), making it a great fit for a wide range of lifestyles. Ideally situated just minutes from Highway 401, and close to parks, schools, shopping, groceries, and public transit, this location offers both convenience and connectivity. Currently vacant and available for immediate occupancy, Suite 301 is truly turnkey, just move in and start enjoying everything it has to offer.

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$289,900 - 266 Guthrie Drive Unit 301, Kingston

Condo for Sale in Kingston

Neighbourhood: 23 - Rideau

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13461250
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Description

Suite 301 at 266 Guthrie offers an exceptional opportunity to own a beautifully updated, move-in-ready condominium in one of the north end's quiet, secure, and well-maintained buildings. Whether you're a first-time buyer, and investor or looking to downsize, this welcoming two-bedroom unit delivers both comfort and value in a highly convenient location. Bathed in natural light with its desirable east-facing exposure, the suite features a spacious open-concept living and dining area that easily accommodates a variety of furniture layouts, perfect for everyday living or entertaining and a walk out to the patio, and even a view of the Rideau. The kitchen comes complete with updated countertops, newer cabinetry, and newer appliances, creating a functional and stylish heart of the home. A rare and valuable feature in this price range is the in-suite laundry with newer washer and dryer. In suite storage is complemented by additional storage locker. The suite also includes an assigned parking space. The building is pet-friendly (With Restrictions), making it a great fit for a wide range of lifestyles. Ideally situated just minutes from Highway 401, and close to parks, schools, shopping, groceries, and public transit, this location offers both convenience and connectivity. Currently vacant and available for immediate occupancy, Suite 301 is truly turnkey, just move in and start enjoying everything it has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,487.34/mo

Includes CMHC insurance ($8,088)

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5-yr fixed avg.

Principal: $260,910Interest: $177,203
Mortgage Amount$268,998
Total Interest$177,203
Est. Property Tax$205/mo
Total Cost$446,201

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 23 - Rideau

Discover 23 - Rideau

23 - Rideau is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 23 - Rideau

  • Convenient location in Kingston
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

23 - Rideau offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

266 Guthrie Drive Unit 301, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$205
Insurance (est.)-$60
Net Cash Flow+$1,480

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $414/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About 23 - Rideau

I know 23 - Rideau well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    266 Guthrie Drive Unit 301, Kingston | $289,900 | Battaglia Team